ABC TURBUSSER AS: årsregnskap 2021 vs 2020
Shrank 45% on revenue
approved 2022-05-24; registry 2022-05-30; journal 2022 357694
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC TURBUSSER AS. Revenue 1.41m NOK → 782.8k NOK (-44.5%). Net result -581.1k NOK → -664.5k NOK. Equity 7.89m NOK → 226.6k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC TURBUSSER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -642.7k NOK → -629.8k NOK (op. margin -45.5% → -80.5%). Calculated
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↑
Payroll decreased
Salary cost 2.79m NOK → 605.9k NOK (198% → 77% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.41m NOK to 782.8k NOK (-44.5% YoY). Calculated
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↓
Net result weakened
Net result -581.1k NOK → -664.5k NOK (net margin -41.2% → -84.9%). Calculated
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↓
Equity eroded
Book equity 7.89m NOK → 226.6k NOK (equity ratio 251.2% → 10.6%). Calculated
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↓
Cash fell
Bank deposits 1.24m NOK → 694.4k NOK (-44.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 68.8k NOK → 604 NOK (-99.1% YoY). Calculated